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. >> goals in manufacturing, energy, education, national security and the deficit. real achievable plans that will lead to new jobs. >> top republicans including senator mcconnell already critical of the speech. >> i strongly suspect the white house will subject us to yet another campaign blitz. frankly, i could write the scripts myself and will be told the president's hands are tied by the sequester he proposed, signed and refuses to get rid of. >> we learned the president will make a major announcement of afghanistan announcing that 34,000 u.s. troops will return home from the region exactly one year from today. that's about half the troops there now. joining us now, maryland congressman chris van hollen, ranking member of the house budget committee. thank you for joining us. >> great to be with you, tamron. >> first, what are the expectations for the president tonight? >> well, i think as you said the president's going to lay out his plan for xik growth, for job creation but focusing on the fact it is not good enough just to have economic growth for the folks alr
. >> goals in manufacturing, energy, education, national security and the deficit. real achievable plans that will lead to new jobs. >> top republicans including senator mcconnell already critical of the speech. >> i strongly suspect the white house will subject us to yet another campaign blitz. frankly, i could write the scripts myself and will be told the president's hands are tied by the sequester he proposed, signed and refuses to get rid of. >> we learned the...
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nothing i'm proposing tonight should increase our deficit by a single dime. it's a smarter government we need that sets priorities and invests in broad based growth. interesting statement, krystal. >> absolutely. republicans try to caricature him as a big government liberal who's never seen a government program that he doesn't like, who's going to spind us into the ditch. he's going to turn us into greece. the facts and the record say things that are different. since january it's been quite a while. i think it was january 2008 we actually had a surplus. this january he has been slowing the growth of government spending. it has been a priority for him. but obviously because of the economic realities, we had to invest in the country in an immediate way to get us back on track. so making that case reminding voters that he has been a responsible hand on the tiller when it comes to balancing the budget and keeping those policies in mind is important too. >> richard, i want to bring this up because i want to bring this up. >> do it. >> when we've talked about the 1
nothing i'm proposing tonight should increase our deficit by a single dime. it's a smarter government we need that sets priorities and invests in broad based growth. interesting statement, krystal. >> absolutely. republicans try to caricature him as a big government liberal who's never seen a government program that he doesn't like, who's going to spind us into the ditch. he's going to turn us into greece. the facts and the record say things that are different. since january it's been...
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. >> i learned that i'm in the minority in thinking we have shrinking deficits and that's good news. we need to worry about jobs. >> you are right in the minority. >> do you have something fun? i could get a lot of hits, but my colleague said don't watch the state of the union. >> the numbers don't lie. the american people want something done and hopefully tonight that will begin. >> very good and you know what, the republicans final word. don't deny science. democra democrats, don't deny math. "morning joe," a happy cheerful morning at all times. stick around. here's chuck. >> the state of the union is 12 hours away. they are putting final touches on the speech that can feel clintonian, a laundry yes of priorities. strengthening the economy and add jobs. responding for the republicans is marco rubio. this will surely be the biggest audience he has had. that's mostly republican w. what message puts him on a path to give his own state of the union some day. >> north korea confirms they conducted a third nuclear test. president obama called it highly provocative and condemns the move.
. >> i learned that i'm in the minority in thinking we have shrinking deficits and that's good news. we need to worry about jobs. >> you are right in the minority. >> do you have something fun? i could get a lot of hits, but my colleague said don't watch the state of the union. >> the numbers don't lie. the american people want something done and hopefully tonight that will begin. >> very good and you know what, the republicans final word. don't deny science....
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. >> goals in receivering and education and national security and the deficit. real achievable plans that will lead to new jobs. >> and while the speech may come across as a laundry list tonight, there will be new initiatives intended to answer three questions according to white house aides. how can we create more jobs and give preem the skills they need for the jobs and how do folks who work hard make a decent living. it comes two weeks before a new set of budget showdowns. the president and congressional republicans on march 1st, a series of what some believe are draconian cuts. they don't want them, but will kick in. at the end of the month, the government completely runs out of fund pg. th senate republican leader mitch mcconnell had this response to the president on monday. >>> the white house will subject us to another campaign blitz. the president's hands are tied by what we propose, sign, and refuse to get rid of. >> let's be clear. when the budget control act passed on august 11, 2011 through the house, it passed by a vote of 269 to 161. 174 were republ
. >> goals in receivering and education and national security and the deficit. real achievable plans that will lead to new jobs. >> and while the speech may come across as a laundry list tonight, there will be new initiatives intended to answer three questions according to white house aides. how can we create more jobs and give preem the skills they need for the jobs and how do folks who work hard make a decent living. it comes two weeks before a new set of budget showdowns. the...
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the economy, which people cite as their top concern, well ahead of other leading issues such as the deficit, guns, or health care. the white house has certainly gotten the message on jobs and isn't waiting until tomorrow night to start getting its message out before the inevitable republican attacks start raining down. take a listen. >> you will hear in the president's state of the union an outline from him for his plan to create jobs and grow the middle class. the middle class is the engine that drives this country forward and which will, if it is given the right tools and the right opportunities, will drive us forward in the 21st century. >> let's get to our guest, democratic strategist bob shrum, and karen finney. the president is expected to use the speech as a way to frame the debate over the so-called sequester which would mean $85 billion in cuts that republicans claim are entirely his fault. take a listen to this. >> you know, the president, he's the one who proposed the sequester in the first place. >> it's what president obama proposed in 2011. >> it is inevitable quite frankly. n
the economy, which people cite as their top concern, well ahead of other leading issues such as the deficit, guns, or health care. the white house has certainly gotten the message on jobs and isn't waiting until tomorrow night to start getting its message out before the inevitable republican attacks start raining down. take a listen. >> you will hear in the president's state of the union an outline from him for his plan to create jobs and grow the middle class. the middle class is the...
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deficit reduction. what is the plan for-to-save social security and medicare for future generations. >> we can keep talking with the sxhour five hour and 15 minutes we have left on the program. thank you. >>> when does a shot that falls six feet short of the hoop count? may be the best shot we've every seen, that straight ahead. why not make the day unforgettable? with two times the points on travel, from taxis to trains. you'll be asking why not, a lot. chase sapphire preferred. there's more to enjoy. new griddle-melts to yourime usual breakfast sandwich. a lot more flavor. [ anouncer ] ihop's new griddle melts... made fresh and hot! hand crafted just for you. it's like a sexy sandwich. [ anouncer ] compare new griddle melts yourself. just $4.99. it's an epic breakfast sandwich. >>> welcome back, everybody. a high school basketball player could be changing the game when it comes to buzzer beaters, she sank what could be the best shot ever. jared greenberg joins us with today's bleacher report. >> take
deficit reduction. what is the plan for-to-save social security and medicare for future generations. >> we can keep talking with the sxhour five hour and 15 minutes we have left on the program. thank you. >>> when does a shot that falls six feet short of the hoop count? may be the best shot we've every seen, that straight ahead. why not make the day unforgettable? with two times the points on travel, from taxis to trains. you'll be asking why not, a lot. chase sapphire preferred....
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we would replace that sequester with deficit reduction achieved over a longer time. >> you, in suburban maryland, represent a lot of people that would be directly affected if the sequester hits. do you think the administration is doing a good job of preparing federal workers and folks whose paychecks depend on what happens in the next few weeks for how it will work and how to plan their lives? >> we have been urging them to provide guidance to federal employees because as we get closer to the date there is more and more anxiety, understandably. they are trying to provide notice to employees about things that can be expected, but the problem is it affect each agency differently, so there is not one rule of thumb that will apply to every federal agency. part of the impact will depend on the extent to which employees make up most of the budget, as opposed to agencies that have more of a procurement budget or their budget is contracted out. i should emphasize that while it will hit federal employees and that is not good for anyone, that will hurt -- it will hurt around the country. let's ta
we would replace that sequester with deficit reduction achieved over a longer time. >> you, in suburban maryland, represent a lot of people that would be directly affected if the sequester hits. do you think the administration is doing a good job of preparing federal workers and folks whose paychecks depend on what happens in the next few weeks for how it will work and how to plan their lives? >> we have been urging them to provide guidance to federal employees because as we get...
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the president doesn't have the guts to go further on the deficit and the debt and the fiscal stuff. in fact, you're not going to hear a ton, i don't believe, about that tonight because, in fact, we have actually reduced the deficit over the next ten years by $2.5 trillion. much of that work is behind it. there's another $1.5 trillion needed stabilize the debt. once your hair stops being on fire on fiscal policy, on cut, slash, and burn. >> where is the party left? >> exactly. for republicans it's about cut, slash, and burn, although never specify what. that's the other part of the strategy. once that's off the table, the president can have a more actionary agenda, speaking to the kinds of things the people in this economy really care about. jobs, for example. >> i think it's just the operating strategy here is smoke and mirrors. it is let us get on the record. , with our sort of dismay. let us get on the record saying we are in opposition to this, but let us not have to propose anything measurable in terms of moving the country forward ledges laishly or many terms of policy. >> we g
the president doesn't have the guts to go further on the deficit and the debt and the fiscal stuff. in fact, you're not going to hear a ton, i don't believe, about that tonight because, in fact, we have actually reduced the deficit over the next ten years by $2.5 trillion. much of that work is behind it. there's another $1.5 trillion needed stabilize the debt. once your hair stops being on fire on fiscal policy, on cut, slash, and burn. >> where is the party left? >> exactly. for...
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. >> bill: the deficit's going down and the market the dow is going up. so there is some good economic news that you never hear about except here on the "full court press." congressman henry cuellar great to have you with us this morning. >> thank you, bill and victoria. >> bill: we'll be back to continue our conversation with victoria jones and you on the "full court press." >> announcer: this is the "bill press show." (vo) this afternoon, current tv is the place for compelling true stories. >> jack, how old are you? >> nine. >> this is what 27 tons of marijuana looks like. (vo) with award winning documentaries that take you inside the headlines, way inside. (vo) from the underworld, to the world of privilege. >> everyone in michael jackson's life was out to use him. (vo) no one brings you more documentaries that are real, gripping, current. these talking points, that the right have, about the "heavy hand of government" ... i want to have that conversation. really? you know i'd like to arm our viewers with the ability to argue with their conservative unc
. >> bill: the deficit's going down and the market the dow is going up. so there is some good economic news that you never hear about except here on the "full court press." congressman henry cuellar great to have you with us this morning. >> thank you, bill and victoria. >> bill: we'll be back to continue our conversation with victoria jones and you on the "full court press." >> announcer: this is the "bill press show." (vo) this afternoon,...
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we are also told he has attention deficit disorder. psychologically, how is this going to affect the little boy over the long term? >> i think any ability in any trauma that happens to a child, whether they have a psychiatric or mental health problem or not is going to fall heavily on them. the biggest message we can send to this child by his mother and father is he is safe and he is protected because he didn't feel safe and he wasn't protected and he ended up in this situation. that's the biggest impact on a child, especially after something is resolved. luckily, this is successfully resolved. but safety and protection is key for him. >> and of course, we don't know at this point what happened? we don't know whether there was sexual abuse or physical abuse or what happened in the bunker. >> exactly. right. and i mean the tendency is going to be to swarm around him to get information, both to help him and to understand what went down, down under that ground. but the bottom line is, the next few days are critical for this boy to bond wi
we are also told he has attention deficit disorder. psychologically, how is this going to affect the little boy over the long term? >> i think any ability in any trauma that happens to a child, whether they have a psychiatric or mental health problem or not is going to fall heavily on them. the biggest message we can send to this child by his mother and father is he is safe and he is protected because he didn't feel safe and he wasn't protected and he ended up in this situation. that's...
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the economic recovery is so slow, the reason why unemployment continues to be very high is the budget deficit. that lie is told over and over and over again by the republicans. it gets to their ideological goal which is shrinking the size of government, but it is not helping americans. >> john: mr. reich who was the last were president to balance of the budget? >> eisenhower. >> john: it was actually nixon. >> and bill clinton balanced the budget. that's an important reality. >> john: and it's great to talk to a man who was instrumental of that. robert reich author of "beyond outrage" and a man i hope runs for president so i can campaign for him, thank you sir, for your time tonight. >> good night. >> john: as i mentioned earlier in the program gone issues will play a strong role, and they are trying to pressure congress to listen to voters. gabby giffords had this to say in a new ad released by her political action committee. >> we have a problem. where we shop. where we pray. where our children go to school. but there are solutions. we can agree on even gun owners like us. take it from me.
the economic recovery is so slow, the reason why unemployment continues to be very high is the budget deficit. that lie is told over and over and over again by the republicans. it gets to their ideological goal which is shrinking the size of government, but it is not helping americans. >> john: mr. reich who was the last were president to balance of the budget? >> eisenhower. >> john: it was actually nixon. >> and bill clinton balanced the budget. that's an important...
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but reducing the budget deficit is moved up significantly on the public agenda. if you look at it now, we see 72% say reducing the budget deficit should be a top priority. that's up 19 points from four years ago. we want it both ways to reduce the deficit and want new spending. it's hard to balance. for a preview of the state of the union and analysis after the speech, going to be a long day for me today, go to moneywatch.com. >> it is. okay. hang in there. a lot on the plate. thank you, jill. >>> san jose is the second wealthiest metro area in fact nation according to a new report from the census bureau. silicon valley ranks only behind bridgeport, connecticut. 16% of san jose area households make at least $191,000 a year. that's in the top 5% of income earners. other local metro areas in the rankings, san francisco-oakland at number 4, napa at 10th, and santa cruz at 11. silicon valley is represented on the list of the most generous americans. 82-year-old warren buffett is the nation's biggest giver, then mark zuckerberg and his wife of facebook and texas finan
but reducing the budget deficit is moved up significantly on the public agenda. if you look at it now, we see 72% say reducing the budget deficit should be a top priority. that's up 19 points from four years ago. we want it both ways to reduce the deficit and want new spending. it's hard to balance. for a preview of the state of the union and analysis after the speech, going to be a long day for me today, go to moneywatch.com. >> it is. okay. hang in there. a lot on the plate. thank you,...
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us to invest in those things that we need to grow right now because that's also a deficit reduction agenda that's growing faster. and in order to have a balanced package that means that we've already done a lot of cuts. we've done some revenue now, and so the rest of the way moving forward we can do some additional reforms and make our health care programs work better and make them more efficient, and we can cut out programs that we don't need, but it also means that we've got to be able to close some tax loopholes and deductions that the average american cannot take advantage of, to raise the revenue, to actually do the job in a way that allows us to continue to grow. now, the reason this is relevant is because i gather and i haven't gotten this from first-hand sources, but from second hand sources in the press that our friends on the other side of the aisle,
us to invest in those things that we need to grow right now because that's also a deficit reduction agenda that's growing faster. and in order to have a balanced package that means that we've already done a lot of cuts. we've done some revenue now, and so the rest of the way moving forward we can do some additional reforms and make our health care programs work better and make them more efficient, and we can cut out programs that we don't need, but it also means that we've got to be able to...
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deficits. i think we know he's going say we're not going to increase deficits. this won't cost the american people a dime. how do you do big programs without costing anything? doing that either suggests you're going to make serious trade-offs cut somewhere else to spend here or do small symbolic stuff. >> woodruff: the white house is already putting out some advanced text saying that these are things... some of the things he wants to do are not going to cost the taxpayers anything. both of you have mentioned the inaugural address. we hear from the white house that the president is not just talking to the members of congress in the chamber. he's talking to millions of americans who have everything at stake. >> you could say to some degree the audience is the 48% who did not vote for him. in the sense that what he says to them. but really the true sense tonight is the people who are listening are those who support, admire and identify with the president. that's the case with every state of the un
deficits. i think we know he's going say we're not going to increase deficits. this won't cost the american people a dime. how do you do big programs without costing anything? doing that either suggests you're going to make serious trade-offs cut somewhere else to spend here or do small symbolic stuff. >> woodruff: the white house is already putting out some advanced text saying that these are things... some of the things he wants to do are not going to cost the taxpayers anything. both...
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reducing the deficit is important to all americans. how specifically will he get tonight to talk to what cuts need to be made? >> i think he will make at least three points. we have as ugly as it has been, we have cut the deficit and the majority of that has been through spending cuts. there have been rev you ins on the top 1%. he will make clear we need to go further to get the deficit reduction that we need to do and he will make a call for bipartisanship and compromise. he will be clear we need to do smart entitlement reform and having sensible savings. he will stress it has to be done in a balanced way that means you could raise some revenues through closing loopholes as part of tax reform and try to suggest that this type of bipartisan compromise where you focus on both spending cuts and revenues together. if we follow that path we can avoid the harsh impacts on the economy and shut down and threats of default that we think will only happen if people take an ideological position and say we can't have a single penny and all deficit
reducing the deficit is important to all americans. how specifically will he get tonight to talk to what cuts need to be made? >> i think he will make at least three points. we have as ugly as it has been, we have cut the deficit and the majority of that has been through spending cuts. there have been rev you ins on the top 1%. he will make clear we need to go further to get the deficit reduction that we need to do and he will make a call for bipartisanship and compromise. he will be...
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i think i'd like to hear jobs, jobs jobs, jobs, not one word about the deficit. that would make my heart go pity pat. not only would that make everybody's head on television explode, it would make me very happy. stephanie: we are told it will be used on using to protect jobs, bring down the deficit -- >> whoa, wait. stephanie: he will once again say this is what the american people voled for right? >> what i'm fairly impressed by is he's getting back on an airplane as soon as this is over and going to try to sell this down in north carolina. people are yelling he is still in the campaign, right he still has people backing him. stephanie: you can't reasonably watch any of those republicans eric cantor was on meet the press. no matter how you spin it, it's like no, you were on the wrong side of the polling of everything the penalty wants to get done. he ran on those issues, won on those issues. it's just -- i don't did eric cantor say anything that made sense to you sunday? >> no, this is what he did. first of all if you're giving a really big speech about how the
i think i'd like to hear jobs, jobs jobs, jobs, not one word about the deficit. that would make my heart go pity pat. not only would that make everybody's head on television explode, it would make me very happy. stephanie: we are told it will be used on using to protect jobs, bring down the deficit -- >> whoa, wait. stephanie: he will once again say this is what the american people voled for right? >> what i'm fairly impressed by is he's getting back on an airplane as soon as this...
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he wants to do some long-term spending reduction on the de deficit. republicans say don't trust him. i don't think republicans will be swayed by the cbo report. they have what they see as a mandate from voters, cut spending. >> let me bring in congressman john yarmuth. what would you like to see? >> i think some of the spending you mentioned could be very youthful. some of the farm subsidies that are unjustified. i'd like to consider a securities transaction pack, the so called wall street packs that can raise tens of billions of dollars. and we can do some cutting, but in that cbo report that you mentioned, it also said that the kind of austerity program which the sequester would represent would be damaging to the recovery, would hurt gdp, and, of course, that's in line with what most economists believe. i think we've got to be very careful when we just say we've got a cut, without regard to the impact of those cuts, both on the economy and on some very important programs. >> you know what the republicans' answer to that is. they say one of the conce
he wants to do some long-term spending reduction on the de deficit. republicans say don't trust him. i don't think republicans will be swayed by the cbo report. they have what they see as a mandate from voters, cut spending. >> let me bring in congressman john yarmuth. what would you like to see? >> i think some of the spending you mentioned could be very youthful. some of the farm subsidies that are unjustified. i'd like to consider a securities transaction pack, the so called wall...
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some of that can be used for deficit reduction. would be a lot more appealing than other taxes or cuts in entitlements, those are very difficult measures. >> a cost to carbon, and the one of those proposals, do you think that happens during the second term of the obama administration? >> i hope it will. it is a long shot because of the opposition from some republicans. a secretary, secretary schulz, a secretary of state and economic adviser under nixon and reagan, he supported the idea of a tax. a lot of republicans said, let's tax carbon and use the tax money to reduce other taxes, like corporate taxes. let's do something to move the incentives away from adding more greenhouse gases into the atmosphere. >> a democratic caller. >> good morning, c-span. the morning. that last caller, i am thankful for guys like you. i am appreciative. unfortunately, the message we are trying to get across is that global warming, how it affects the jet streams and the weather and how that intern causes climate change. the knuckle draggers you were ju
some of that can be used for deficit reduction. would be a lot more appealing than other taxes or cuts in entitlements, those are very difficult measures. >> a cost to carbon, and the one of those proposals, do you think that happens during the second term of the obama administration? >> i hope it will. it is a long shot because of the opposition from some republicans. a secretary, secretary schulz, a secretary of state and economic adviser under nixon and reagan, he supported the...
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you've been worried about the deficit. what do you say to this argument that trying to reduce the deficits in europe has been a disaster? it's slowed growth, slowed tax reeve news and increased the deficit? >> let me just say i am not in favor of reducing the deficit now. the short term i am not in favor of reducing the deficit. but i do think there have to be some longer-term plans that give the financial markets some degree of confidence that we're not just going to blow apart. i think this is something on the longer term which is what bowles-simpson was all about, something which i favored totally. so i think that was a combination of including longer-term control over some of our big expenditures, particularly in health care. and that is something we have to do. i think the president could get some things if, in fact, he addressed some of these longer term issues but he walked away from that and there's no confidence that he really cares about it. >> let's talk about common -- noneconomic things. i would have thought y
you've been worried about the deficit. what do you say to this argument that trying to reduce the deficits in europe has been a disaster? it's slowed growth, slowed tax reeve news and increased the deficit? >> let me just say i am not in favor of reducing the deficit now. the short term i am not in favor of reducing the deficit. but i do think there have to be some longer-term plans that give the financial markets some degree of confidence that we're not just going to blow apart. i think...
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so you know, jobs equal deficit reduction. so i think it's going to be something that is going to not only cause a lot of us to stand up but i hope that people watching at home, the middle class is going to stand up and say yeah, this is about me. >> bill: but you know also, that has always been a republican theme in the past, right, before president obama started. it is a way to grow the economy is through new investment, right. continuing to grow, continuing to expand. if we don't we just stagnate and go backwards you know. that's a real conservative idea. economically. >> yes. but the problem is that we can't solve the federal budget problem by creating budget problems for american families and businesses and seniors and the middle class. you know. if you cut what they want to cut from the budget, the cbo says we could go into a double-dip recession. well obviously that's not where we want to go. spending cuts in the last quarter actually were the thing that made the economy dip in terms of growth. we've seen -- in the unit
so you know, jobs equal deficit reduction. so i think it's going to be something that is going to not only cause a lot of us to stand up but i hope that people watching at home, the middle class is going to stand up and say yeah, this is about me. >> bill: but you know also, that has always been a republican theme in the past, right, before president obama started. it is a way to grow the economy is through new investment, right. continuing to grow, continuing to expand. if we don't we...
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why it produces things that are better for your family on taxes, on spending, education, on debt and deficit. this president has run into $16 trillion in debt, heading to $17 trillion, and a job rate that is abysmal. the president has to explain how he's going to turn that around. marco rubio is a great guy to explain why that message is going to work. >> thank you. >>> a girl who performed add the president's inauguration was gunned down in chicago. we have the latest developments in the hunt for her killer. >> people are rightfully concerned about their participation as witnesses in this case or in any other case that involves a murder. >> chicago police say attacks against witnesses are actually rare, but people still believe they're in danger. >> i have to live here and my family lives here, so it would be a problem with me telling. >> because what could happen? >> because they would kill people. it's that dangerous out here. >> it is dangerous to do it. because you don't know who is watching and who knows you and what they're capable of doing. >> what could they do to you? >> they could
why it produces things that are better for your family on taxes, on spending, education, on debt and deficit. this president has run into $16 trillion in debt, heading to $17 trillion, and a job rate that is abysmal. the president has to explain how he's going to turn that around. marco rubio is a great guy to explain why that message is going to work. >> thank you. >>> a girl who performed add the president's inauguration was gunned down in chicago. we have the latest...
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why it produces things that are better for your family on taxes, on spending, education, on dent and deficit. this president has run into $16 trillion in debt, heading to $17 trillion, and a job rate that is abysmal. the president has to explain how he's going to turn that around. marco rube yio is a great guy t explain why that message is going to work. >> thank you. >> a girl who performed add the president mfs inauguration was gunned down in chicago. we have the latest developments in the hunt for her killer. >> plus, ted nugent invited to attend the state of the union address. he's going to be there tomorrow night. when we were at his ranch, he had this message for the president. >> these are all legal guns and i'm going tosee that they remain legal because they're all good. ? tdd#: 1-800-345-2550 schwab bank was built with all the value and convenience tdd#: 1-800-345-2550 investors want. tdd#: 1-800-345-2550 like no atm fees, worldwide. tdd#: 1-800-345-2550 and no nuisance fees. tdd#: 1-800-345-2550 plus deposit checks with mobile deposit. tdd#: 1-800-345-2550 and manage your cash and
why it produces things that are better for your family on taxes, on spending, education, on dent and deficit. this president has run into $16 trillion in debt, heading to $17 trillion, and a job rate that is abysmal. the president has to explain how he's going to turn that around. marco rube yio is a great guy t explain why that message is going to work. >> thank you. >> a girl who performed add the president mfs inauguration was gunned down in chicago. we have the latest...
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Feb 11, 2013
02/13
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i will terminate the deficit. >> he didn't terminate the deficit. it took a democrat to do that. >> stephanie: he said it is no longer frightening. he likes it when people mock his accent. in the '70s, people were frightened of the german accent. >> it is technically us a -- austrian. >> stephanie: right. [ ♪ "world news tonight" ♪ ] he said that he's 65 now. he gets better with age. he's in a new movie. the last stand. >> i don't think it did very well. >> stephanie: no? he said i got older i got wiser. i experienced certain things as governor that helped me with my performance. you did do some acting. >> there was a performance. >> stephanie: i'm talking about the housekeeper. >> yeah, i know. he had to perform. he had to perform in order to -- >> stephanie: here's the part where he says something that makes sense. he's called for american leaders to think beyond gun laws. he says u.s. leaders need to address issues such as parenting, mental illness as well as laws on firearms when discussing ways to reduce gun violence. and things of that nat
i will terminate the deficit. >> he didn't terminate the deficit. it took a democrat to do that. >> stephanie: he said it is no longer frightening. he likes it when people mock his accent. in the '70s, people were frightened of the german accent. >> it is technically us a -- austrian. >> stephanie: right. [ ♪ "world news tonight" ♪ ] he said that he's 65 now. he gets better with age. he's in a new movie. the last stand. >> i don't think it did very...
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Feb 5, 2013
02/13
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FOXNEWS
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under current law the deficit will shrink in 2013. as an estimated $845 billion, the deficit, the first in five years below $1 trillion. >> the cbo projects deficits to decline from $845 billion to year to as low as 430 billion in 2015 but then 978 billion a year by 2023. >> in 2014 or 15 the deficit will come down. there's a tax increase we just passed. that combines to produce a smaller deficit. >> though the president has not submitted his budget, the cbo projects the next ten years u.s. debt will increase $10 trillion from a little more than 16 trillion-dollar now to more than $26 trillion in 2023. >> you can't raise enough tax to say pay for this problem. you won't grow fast enough to get rid of this problem. you ultimately have to deal with spending. >> after 2023, the debt begins to soar. >> after that it's going to grow and reach the trillion and go beyond the trillion. so at no point in the foreseeable future is the deficit going to come down to manageable level. >> noting repeatedly high debts are bad and dangerous as he put
under current law the deficit will shrink in 2013. as an estimated $845 billion, the deficit, the first in five years below $1 trillion. >> the cbo projects deficits to decline from $845 billion to year to as low as 430 billion in 2015 but then 978 billion a year by 2023. >> in 2014 or 15 the deficit will come down. there's a tax increase we just passed. that combines to produce a smaller deficit. >> though the president has not submitted his budget, the cbo projects the next...
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Feb 6, 2013
02/13
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MSNBCW
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we believe there is a better way to reduce the deficit but americans do not support sacrificing real spending cuts for more tax hikes." >>> efforts by the white house to head off spending cuts come as a new government report predicts the budget deficit will drop below $1 trillion for the first time during obama's presidency. the congressional budget office which assumes that the cuts will go into effect march 1st says the government will run a deficit of $845 billion this year. that's compared to $1.1 trillion short fall. the outlook predicts the improvements will not last. it warns that an aging population will drive up retirement spending and rising interest rates will put the debt at unsustainable level it's current laws remain in place, debt by 2023 will equal 77% of gross domestic product. that is roughly double the 39% average seen over the past 40 years. >>> coming off the republicans' bruising defeat, eric cantor is looking to rebrand his party n a speech at a d.c. think tank, he moved away from his combative tone expressing a need to work on issues with president obama impor
we believe there is a better way to reduce the deficit but americans do not support sacrificing real spending cuts for more tax hikes." >>> efforts by the white house to head off spending cuts come as a new government report predicts the budget deficit will drop below $1 trillion for the first time during obama's presidency. the congressional budget office which assumes that the cuts will go into effect march 1st says the government will run a deficit of $845 billion this year....
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the symbolic vote he detail how he would cut the deficit to avoid the automatic spending cuts next month. >> mr. president, you missed the deadline again. let's see your plan. let's show it to the american people and have the discussion about the proper way to manage down this debt and deficit. >> reporter: without a budget deal on march 1st so-called sequestration will force reductions in military training, cutbacks in operations, and layoffs of civilian pentagon employees plus civilian defense contractors. >> it's an idiotic management nightmare to try to run a complex sophisticated, long-term program when you have short-term, massive cuts. >> reporter: deep cuts also loom in social services. outgoing defense secretary panetta slammed democrats and republicans for their game of chicken. >> let's see how bad it can get in order to have the other party blink. >> reporter: some senate republicans today said push the deadline back seven months. but house speaker john boehner said in effect he will not blink. >> at some point, washington has to deal with its spending problem. i've watched t
the symbolic vote he detail how he would cut the deficit to avoid the automatic spending cuts next month. >> mr. president, you missed the deadline again. let's see your plan. let's show it to the american people and have the discussion about the proper way to manage down this debt and deficit. >> reporter: without a budget deal on march 1st so-called sequestration will force reductions in military training, cutbacks in operations, and layoffs of civilian pentagon employees plus...
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Feb 9, 2013
02/13
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CSPAN
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based on current law which showed much smaller deficits. long-term rates are higher in than we had in this country and that also reflects the higher amount of debt, federal debt relative to g.d.p. than we have had over the past several decades. >> "washington post.? -- "washington post." thinking about how we should view the budget battles over the last two years. we are stabilizing debt at a much higher level. to what extent is that a result of decisions that were made by lawmakers and to what extent that is the underlying recovery in the economy? >> both factors and we have not tried to quantify them. one can look at our projections over the past several years and basically add up each successive revision, so every time we release new budget projections, we report the revisions and we divide them into the effects of economic forecasts and changes to other technical revisions. if one stacked all those up, one can get a sense about how much the debt has changed or the deficit has changed for any given year relative to any particular path pr
based on current law which showed much smaller deficits. long-term rates are higher in than we had in this country and that also reflects the higher amount of debt, federal debt relative to g.d.p. than we have had over the past several decades. >> "washington post.? -- "washington post." thinking about how we should view the budget battles over the last two years. we are stabilizing debt at a much higher level. to what extent is that a result of decisions that were made by...
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Feb 6, 2013
02/13
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MSNBC
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we believe there is a better way to reduc the deficit but americans do not support sacrificing real spending cuts for more tax hikes." >>> efforts by the white house to head off spending cuts come as a new government report predicts the budget deficit will drop below $1 trillion for the first time during obama's presidency. the congressional budget office which assumes that the cuts will go into effect march 1st says the government will run a deficit of $845 billion this year. that's compared to $1.1 trillion short fall. the outlook predicts the improvements will not last. it warns that an aging population will drive up retirement spending and rising interest rates will put the debt at unsustainable level it's current laws remain in place, debt by 2023 will equal 77% of gross domestic product. that is roughly double the 39% average seen over the past 40 years. >>> coming off the republicans' bruising defeat, eric cantor is looking to rebrand his party n a speech at a d.c. think tank, he moved away from his combative tone expressing a need to work on issues with president obama important to t
we believe there is a better way to reduc the deficit but americans do not support sacrificing real spending cuts for more tax hikes." >>> efforts by the white house to head off spending cuts come as a new government report predicts the budget deficit will drop below $1 trillion for the first time during obama's presidency. the congressional budget office which assumes that the cuts will go into effect march 1st says the government will run a deficit of $845 billion this year....
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Feb 4, 2013
02/13
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CNBC
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the deficit problem is the problem for later in this decade. the jobs problem is the problem today. and this talk of a contracti contractionary fiscal position. it is hurting the economy. >> he wantive harris? >> in the end, we've got to get our deficit under control while we grow the private sector economy. we can't do it through new taxation. you can't tax your way out of this mess. that's the problem. the president has decided that's the approach he's going to take. the republicans have a different approach. we believe we have to rein in entitlement spending, the budgets up until now. again across the aisle and on the other side, they're unwilling to handle. >> we'll leave it there. thank you. >> let you both get back to work. thanks for joining us. >> thank you. >> appreciate your time. thanks very much. isn't it nice to know in two weeks you haven't missed anything? >> this sounds familiar. >> 40 minutes before the closing bell sounds. dow down 103 points. >>> google getting downgraded after a record high on friday when we allegedly hit 14,000. why did that happen? and are you
the deficit problem is the problem for later in this decade. the jobs problem is the problem today. and this talk of a contracti contractionary fiscal position. it is hurting the economy. >> he wantive harris? >> in the end, we've got to get our deficit under control while we grow the private sector economy. we can't do it through new taxation. you can't tax your way out of this mess. that's the problem. the president has decided that's the approach he's going to take. the...
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Feb 12, 2013
02/13
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FOXNEWS
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and investing in our people. >> now, you hear that brief mention of the deficit there so they say inside the white house the president does want to bring spending down, but when he mentions the word investment, republicans like speaker boehner, as you noted think it's more about government. he said i don't think he has the guts to do it. he doesn't have the courage to take on the liberal side of his own party, never has. so interesting on a night when we might see both sides come together at least a little bit and talk about what they may get done in this new congress that's meeting now. instead, you have a president who is planning to give perhaps a more partisan speech and a republican speaker laying down the gauntlet before this speech and saying he doesn't think the president has the guts to cut spending and really tackle the deficit. >> alisyn: that does not sound like a harbinger of coming together of both sides. >> they'll be up there tonight together. so that could make for an interesting little moment. >> alisyn: all right, we will be on the lookout for all of those moments, ed
and investing in our people. >> now, you hear that brief mention of the deficit there so they say inside the white house the president does want to bring spending down, but when he mentions the word investment, republicans like speaker boehner, as you noted think it's more about government. he said i don't think he has the guts to do it. he doesn't have the courage to take on the liberal side of his own party, never has. so interesting on a night when we might see both sides come together...